16:40 GMT+3 / 21.03.2023
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FinMax

(4 votes, average 5.00 out of 5)

FinMaxSince:2015
Regulation:FMRRC
Platform:FinMax
Minimum deposit:$ 100
Minimum trade:$ 5

FinMax is a binary options broker that started its activity in 2015. Despite the ‘young age’, it rapidly gained the clients’ confidence due to the high returns, intuitive platform, and official regulation.

The company is based in Limassol, Cyprus, and has the FMRRC certificate which is provided in the Russian Federation and demonstrates its high security.

Here is the list of assets that you can trade with FinMax:

  • 30 company stocks, including Apple, BMW, Facebook, Renault, Microsoft, Sony, and more.
  • 14 indices, such as the US S&P 500, English FTSE 100, German DAX 30, Japanese Nikkei 225, and more.
  • 25 currency pairs, including the majors – EUR/USD, GBP/USD, USD/JPY, etc. and minors – USD/NRK, CAD/JPY, USD/SEK, etc.
  • 8 commodity assets – gold, silver, oil, gas, copper, gold/silver, gold/EUR, and gold/GBP.

Besides the standard account that requires a minimum deposit of $250, FinMax clients can choose from the following account types:

  • Bronze – the minimum deposit is $250 and the bonus can reach 25% of the deposit.
  • Silver – the minimum deposit is $1000 and the bonus can reach 50% of the deposit.
  • Gold – the minimum deposit is $5000 and the bonus can reach 75% of the deposit.
  • Platinum VIP account – this account type is for professional clients who want to invest considerable sums of money. The bonus can reach 100% of the deposit and includes a lot of advantages that are not available with the rest of the accounts.

There is also the demo account that offers virtual money for training purposes. It is free and can be accessed right after the registration procedure.

The website is built in with many great features that help the traders to successfully invest. The free trading signals system is one of these functions that are designed to support traders in conducting market analysis. It turns out that the trading process is partially automated, making it easy for beginners.

The education center is another such feature. There is a whole separated section for it. The trader will discover educational video clips, strategies, e-books, glossary, answers to FAQ, and webinars. By the way about webinars – there are organized daily online meetings for customers which are absolutely free.

Software Platform

The broker came out recently, and it is clear that it cannot overcome the competition by using the same strategies of hundreds of other brokers. This is why FinMax created a trader-oriented platform which is easy to use, functional, and modern.

The list of great features includes: technical analysis indicators like SMA and RSI, 3 chart types (candlestick, line and bar), 1-5 hours visualization, and more.

The mobile version is also available for iOS, Android, and Windows operating systems.

Deposit/Withdrawal

The broker offers its clients a wide range of payment options. FinMax is concerned with keeping the clients’ funds in safe conditions by using the segregated accounts.

The traders can choose from one of the following deposit/withdrawal methods:

  • Bank wire transfer;
  • Credit card (VISA, MasterCard, Maestro);
  • Electronic payment systems – Neteller, Skrill, Yandex Money, WebMoney, and Qiwi Wallet.

As mentioned above, the minimum deposit is $250. You should keep in mind that prior to making any withdrawal you have to pass the verification method that requires an ID document scan. Actually, it is a typical procedure for every binary broker out there. The payment procedure may take up to 48 hours.

Customer Support

FinMax broker is generally very transparent and responsive. The clients can enjoy a professional support service that is available 24/7. You can get in touch by one of these communication options:

  • Online chat
  • Email - support@finmax.com
  • Skype - Finmax.com

+44 (203) 868-57-58 - United Kingdom – London

+357 (22) 008-852 - Cyprus – Nicosia

+61 (285) 994-406 - Australia – Sydney

+1 (437) 889-32-09 - Canada – Toronto

FinMax pros and the bottom line

Here are the main advantages of dealing with FinMax:

  • Functional platform that includes technical indicators;
  • The broker offers educations, news, advanced charts, economic calendar, and more similar tools that help both beginner and professional traders;
  • Social trading;
  • Demo account;
  • Safe and transparent trading process where the expiry prices are always published.

In conclusion, we can say that FinMax is on the right path to its success. It includes the complete list of tools that support the trading process and in a short period it can definitely reach the top.

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